Nigeria equity market appreciated 0.73 per cent on the gains recorded by the shares of BUA Cement Plc.
The shares price of BUA Cement appreciated by 10 per cent to close at N68.20 per cent.
Consequently, market capitalisation of listed equities improved by N177 billion to N24.394 trillion from N24.217 trillion reported on Monday. The NGX All Share Index also grew by 326.51 basis points to close at 44788.14 points from 44461 points traded the previous day. Investors traded 159.210 million shares valued at N2.729 billion in 3385 deals against 72.327 million shares valued at N2.168 billion in 2887 deals.
A review of the investment showed that BUACement led gainers table during the day, gaining 10.00 per cent to N68.20, SUNU Assurance followed with a gain 9.38 per cent to N0.35, Jaiz Bank gained 8.99 per cent to N0.97, Union Bank of Nigeria added 8.47 per cent to N6.40, RTBriscoe gained 7.14 per cent to N0.30.
On the contrary, Royal Express topped losers chart during the day, shedding 9.64 per cent to N0.75, Multiverse trailed with a drop of 8.50 per cent to N4.20, May and Baker down by 6.67 per cent to N3.92, Cornerstone Insurance dipped by 5.88 per cent to N0.48, NGX group fell by 4.42 per cent to N20.55.
The result further showed that Mutual Benefits was the most active stock during the day, exchanging 47.425 million shares valued at N13.278 million, Sterling Bank followed with account of 42.436 million shares valued at N37.542 million, Jaiz Bank traded 10.608 million shares cost N10.069 million, Fidelity Bank traded 10.310 million shares worth N37.892 million, GTCO Plc sold a total of 6.321 million shares cost N115.661 million.
